Tata Motors AR_2016-17

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PLANT LOCATIONS
Location Range of Products Produced
Pimpri, Pune – 411018;
Chikhali, Pune – 410501;
Chinchwad, Pune – 411033
Medium and Heavy
Commercial Vehicles (M&HCVs),
Light Commercial Vehicles
(LCVs), Utility Vehicles (UVs) and
Cars
Jamshedpur – 831010 Intermediate Commercial
Vehicles (ICVs) and M&HCVs
Chinhat Industrial Area, Dewa
Road, Chinhat, Lucknow – 226019
ICVs, M&HCVs and LCVs
Plot No. 1, Sector 11 and Plot No.
14, Sector 12, I.I.E., Pantnagar,
District Udhamsingh Nagar,
Uttarakhand – 263145
LCVs, M&HCVs and UVs
Revenue Survey No. 1, Village
Northkotpura, Tal, Sanand, Dist.
Ahmedabad – 380015
Cars
KIADB Block II, Belur Industrial
Area, Mummigatti Post, Dharwad
– 580011
Small Commercial Vehicles
(SCVs) and LCVs
ADDRESS FOR CORRESPONDENCE
For Investor Queries
Retail / HNI Investors
Mr H K Sethna, Company Secretary
Bombay House,24, Homi Mody
Street, Mumbai - 400001, INDIA
Phone : 91-22- 6665 7824;
Fax : 91-22- 6665 7260
E-Mail :
Institutional Investors
Mr V B Somaiya, Head
(Treasury & Investor Relations)
3rd Floor, Nanavati
Mahalaya,18, HomiMody Street,
Mumbai - 400001, INDIA
Phone : 91-22-66658282
E-Mail :
For Fixed Deposit, Rights Issue and other Share related
queries
Kindly refer details mentioned herein above under the head
‘Registrar and Transfer Agents’
SUBSIDIARY COMPANIES
The Company does not have anymaterial non-listed Indian subsidiary
company and hence, it is not required to have an Independent
Director of the Company on the Board of such subsidiary company.
However, the following Independent Directors of the Company, are
also present in an independent capacity, on the Board of the below
mentioned subsidiary companies:
Common Independent
Directors
Presence on the Board of
Subsidiary Companies
Mr N Munjee Jaguar Land Rover Automotive Plc
and Tata Motors Finance Limited
Dr R A Mashelkar TAL Manufacturing Solutions
Limited
Mr V K Jairath Concorde Motors (India) Limited,
TML Distribution Company
Limited and Tata Motors Finance
Solutions Limited
Ms Falguni Nayar Tata Marcopolo Motors Limited,
and Tata Technologies Limited
The Company adopted a Policy for Determining Material Subsidiaries
of the Company, pursuant to Regulation 16(1)(c) of the SEBI Listing
Regulations. This policy is available on the Company’s website
pursuant to Regulation 46(2) of the SEBI Listing Regulations.
The Audit Committee also has a 2-day meeting wherein the CEO
and CFO of subsidiary companies make a presentation on significant
issues in audit, internal control, risk management, etc. Significant
issues pertaining to subsidiary companies are also discussed at Audit
Committee meetings of the Company.
The Minutes of the subsidiary companies are placed before the
Board of Directors of the Company and the attention of the Directors
is drawn to significant transactions and arrangements entered into
by the subsidiary companies. The performance of its subsidiaries is
also reviewed by the Board periodically.
DISCLOSURES
i. Details of relevant Related PartyTransactions entered into by the
Company are included in the Board’s Report and in the Notes
to Accounts. The Company has in place a Policy on Related
Party Transactions setting out (a) the materiality thresholds for
related parties and (b) the manner of dealing with transactions
between the Company and related parties, including omnibus
approvals by Audit Committee based on the provisions of the
Act and Regulation 23 of the SEBI Listing Regulations. During
the year, there were no materially significant transactions with
related parties, as per the Policy adopted by the Company that
have potential conflict with the interests of the Company at
large. All transactions with related parties entered into by the
Company were in the normal course of business on an arm’s
length basis and were approved by the Audit Committee.
ii. The Company has complied with various rules and regulations
prescribed by the Stock Exchanges, Securities and Exchange
Board of India or any other statutory authority relating to the
capital markets during the last 3 years. No penalties or strictures
have been imposed by them on the Company.
iii. In accordance with the provisions of the Act and Regulation
22 of the SEBI Listing Regulations the Company has in place a
Vigil Mechanism and a Whistle-Blower Policy duly approved by
the Audit Committee which provides a formal mechanism for
Notice Board’s Report Management Discussion & Analysis Corporate Governance Report Business Responsibility Report
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